ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Upfront: Rail Loop reckoning, KPMG axe falls, Prison intel for sale.
By Staff Writers in Media News on Thursday, 30th July 2026 at 5:58am
Mumbai Press Club elects new executive body, Surendra Gangan becomes president
By Meena R. Prashant in Media News on Wednesday, 29th July 2026 at 8:17pm
Weber looks ahead after nextmedia departure
By Will McLennan in Media News on Thursday, 30th July 2026 at 11:40amLegacy newsrooms cut senior roles as digital transformation accelerates
By Suganthi Marimuthu in Media News on Wednesday, 29th July 2026 at 3:54pm
Hyderabad journalists threaten stir over pending land handover
By Staff Writer in Media News on Wednesday, 29th July 2026 at 3:42pm
TODAY’S TEN: SC orders protest footage preserved, Pellet use documented after police denials and more
By Staff Writer in Media News on Wednesday, 29th July 2026 at 3:30pm
Vinyl CEO Simons fires back
By Staff Writers in Media News on Wednesday, 29th July 2026 at 1:53pm
Media news latest